Find out what are the most common mistakes of beginner punters. Find out what you should NOT do when you start betting.
Starting in the world of sports betting is a challenge and requires certain skills: accumulate knowledge in a sports discipline, master the rules of betting markets, understand the odds, control the bankroll, know what betting strategy to apply at what time …
For beginners it can be somewhat foggy and it is easy to screw up, especially at the beginning. Therefore, in this article, we will try to help you and explain what are the most common mistakes in online sports betting. They can be easily avoided and this will allow you to save time and money.
ERROR # 1 BET ON VARIOUS SPORTS
When a person starts in the world of online sports betting, they usually bet on as many sports disciplines as possible, thinking that this increases their chances of winning. Quite the opposite. It is a false belief. It is best to specialize in a single sport, to know in depth its rules, players, statistics, performances over time, markets to bet and thus considerably increase the chances of obtaining money.
ERROR # 2 BAD MONEY MANAGEMENT
Like any business or job you undertake, if you manage money badly you go bankrupt. In this case, you have to learn how to properly manage your bankroll, that is, the money you allocate for the online game. It is a key element to succeed in online betting.
ERROR # 3 BET WITH THE T-SHIRT
Listening always to your heart is another very common mistake. It can work in the sentimental field but NOT in sports betting. When the bettor gets carried away by passion and systematically bets on his favorite team, without another valid argument, he is bound to fail. We advise you to leave sentimentality aside and bet with your head. You have to keep in mind that the only way to succeed in online betting is to manage match information, analyze statistics and look for value bets. The analysis prior to each match is essential.
ERROR # 4 OBJECT THE IMPORTANCE OF THE LOCATION
The place where a game is played can be very important in football but also in basketball. For example, the NBA is a fairly localist league. Half-board teams up are usually quite consistent at home so it is always good to take into account where the game takes place.
ERROR # 5 DO NOT CHECK THE ALIGNMENTS BEFORE PLACING THE BET
This last point can be considered a blunder, however, many of us make it. We hurry to place the bet, we make a good analysis of the game but we do not review the likely alignment and we usually get more of an unpleasant surprise when we realize that a key player of the team, to whom we put the money, is not going to play that game, the reasons can be as diverse as irrelevant.
It is also good to know which player is injured or leaving an injury, if there are internal problems, in short everything that can lead us to presume that the outcome of a match will not be the one that indicates the logic. As we have reiterated on other occasions, the information when betting is vital, the more information we have at hand from reliable sources, there is a high probability that the result will be better and better.
ERROR # 6 TRUSTING EXCESS IN HANDICAP
On occasion, bookmakers are influenced by the position in the table when placing the handicap of a match and although on paper one team is much higher than the other, this superiority is not necessarily reflected in the difference of points in the final score. This gives us a couple of good options, depending on the bookmaker and our criteria. If we believe that the favorite will certainly win but the handicap is too big, we can either take the points with the non-favorite team and if our criteria is correct take the bet in favor or modify the bet with an alternative handicap.
ERROR # 7 UNDERTIMATE CASUALITY
Many times we have heard the phrase “numbers do not lie” and in general, we consider statistics as the great science of prediction. Although sports betting is based on statistics, remember that it is not an exact science. The “luck” or “chance” factor can influence. Keep this in mind and do not be fooled by an unusual result (failure or success).
ERROR # 8 LIVE LIVE WITHOUT SEEING THE GAME
You may think that if someone decides to bet on a live event it is because they will follow it live, but on many occasions the punters do not behave as we think. They bet live only because the odds are more attractive and they place their money without seeing the match. Do not do that!